Pre-foreclosure Non-Performing Loan For Sale In Hot Ohio Market
As-is value of property is $100k based on a 2018 BPO ( Zillow @ $105k - this is a real value, no low value sales in area).
Borrower is unresponsive and the asset has been abandoned in by the Chapter 7 bankruptcy. They have no foreclosure defense. Foreclosure started with anticipated sale date of April 2019.
Total UPB: $54,000
Total Payoff: $101,000
Will sell the note for $45,000.
Also will put the asset under contract and sell with clean title after the foreclosure for $65,000 (approximately April 2019).
Please message for address.
Offering